Thailand: PB explains on result of operation year ended 2006.

(From Thai Press Reports)

Section: SET Filing - The President Bakery Public Company Limited would like to explain the company's operation result for the year ended December 31, 2006 as reviewed by the company auditor and as compared to the result of the previous year 2005 as follows: The Company registered a net profit of Baht 279.1 million, increasing by 45.8 percent year - on - year, as a result of the following reasons: 1. Sales revenue The Company generated sales of Baht 2,531.9 million, an increase of Baht 386.3 million or 18 percent over the same period of 2005, as a result of price mark-up of some core products made in the first quarter of 2006, the increase …